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EnormousFX

Operating status: SCAM

Website: https://enormousfx.com/

Broker violations and abnormal records
  • May 30, 2022 BrokersView has reviewed that EnormousFX is an Unregulated Forex Broker

    EnormousFX claims to be a trustable broker and has been serving traders around the world since 2018. But when we checked its domain, we found it was created in 2020. So how could it start its business in 2018? It is a red flag here.

    Besides, this broker presents neither details about its company address and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.

    The truth is that EnormousFX is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.


    EnormousFX claims to be a trustable broker and has been serving traders around the world since 2018. But when we checked its domain, we found it was created in 2020. So how could it start its business in 2018? It is a red flag here.Besides, this broker presents neither details about its company address and regulation, nor legal documents (terms & conditions, risk disclosure, and privacy policy, etc.). Lacking such information is a distinct characteristic of unlicensed brokers, as legit brokers always present their accreditation and licenses in a prominent position.The truth is that EnormousFX is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam.
  • Nov 17, 2022 BrokersView has found that EnormousFX is not working

    BrokersView found the domain "https://enormousfx.com/" is not working, the broker claims the website is under construction, but most probably it was suspended and it is always a bad sign when the broker's website is suspended.

    BrokersView found the domain "https://enormousfx.com/" is not working, the broker claims the website is under construction, but most probably it was suspended and it is always a bad sign when the broker's website is suspended.

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Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.